This paper investigates optimal monetary policy in response to fundamental innovations that affect asset prices. The fundamental innovations considered include productivity, investment efficiency, taste and bankruptcy cost innovations. I find that a central bank can stabilise the economy well...

Climate variability poses a severe threat to subsistence farmers in southern Africa. Two different approaches have emerged in recent years to address these threats: the use of seasonal precipitation forecasts for risk reduction (for example, choosing seed varieties that can perform well for...

Climate variability poses a severe threat to subsistence farmers in southern Africa. Two different approaches have emerged in recent years to address these threats: the use of seasonal precipitation forecasts for risk reduction (for example, choosing seed varieties that can perform well for...

Ten years ago, when the Strategic Energy Technology (SET) Plan was launched, the energy transition was in the making but still looked distant. While the challenge of successfully transforming our energy system still lies ahead of us, few would deny that the chances of success seem today much...

This report presents some preliminary calculations for the simulation of rat, monkey and human head behaviour (in particular of the brain) under imposed deceleration conditions by the EUROPLEXUS code. EUROPLEXUS (also abbreviated as EPX) is a computer code jointly developed by the French...